Global Infrastructure SherpaTXNM Energy and PetroChem Corp. Announce Supply Agreement for Green Hydrogen
USD61.3M
Deal Value
TXNM Energy and PetroChem Corp. have announced a supply agreement for green hydrogen. TXNM Energy will supply PetroChem with green hydrogen to be used in its manufacturing processes.
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Counterparts (2)
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Deal Size
$61.25 in cash for each share of common stock held at closing
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Announcement
On May 19, 2025, TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure.
PARTIES MENTIONED IN SOURCE
T
TXNM Energy
seller
"TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure"
B
Blackstone Infrastructure
buyer
"TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Mar 1, 2025
Signed
Closed
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